In North American energy markets : stronger credibility

Hydro-Quebec''s competitive position as it expands and diversifies its business in the future was discussed. The utility has an outstanding debt of CAN$37 billion, nevertheless, it is considered to be a solid investment by financial experts. Hydro-Quebec is recognized as North America''s biggest electric utility in terms of sales and also has the lowest cost structure on the continent. Moody Investor Services, Duff and Phelps Credit Rating Co., and Standard and Poor, have recently conducted ratings of the utility''s standing on financial markets. Hydro-Quebec maintained their high ratings, of A2, AA-, and A+ respectively. The restructuring of North American electricity market gives Hydro-Quebec substantial growth potential. The utility has an extensive transmission network and can offer reasonable electricity rates